Cleco Corporation (CNL)
Cleco Corporation PE Value: 42.68
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CNL PE Value Rankings
| Overall | 57th percentile | 415 of 987 |
| Sector | 71st percentile | 19 of 67 in Utilities |
| Industry | 67th percentile | 9 of 28 in Electric Utilities |
CNL PE Value Range, Past 5 Years
| Minimum | 22.74 | Dec 2009 |
| Maximum | 55.05 | Jun 2010 |
| Average | 42.57 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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CNL News
about 3 days ago by StockTiger
about 4 days ago by StockTiger
about 25 days ago by earningscast
May 02, 4:43PM Thomson Reuters ONE
Apr 25, 2:44PM Thomson Reuters ONE
about 59 days ago by StockTiger
about 60 days ago by StockTiger
about 73 days ago by MarketBrief
Mar 12, 7:26AM Street Insider
about 95 days ago by earningscast
Feb 22, 4:38PM Thomson Reuters ONE
Feb 10, 11:03AM Thomson Reuters ONE
Feb 08, 9:03AM Benzinga
Jan 31, 8:46AM Thomson Reuters ONE
about 174 days ago by Street_Insider
about 213 days ago by lewisgreen
about 284 days ago by ComprarAcciones
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CNL | 40.93 | +0.25 | +0.61% | 2.489B |
| CNIT | 1.08 | -0.03 | -2.70% | 29.80M |
| CNI | 81.06 | -0.91 | -1.11% | 35.69B |
| CNH | 39.76 | -0.77 | -1.90% | 9.531B |
| CNGL | 0.3801 | +0.00 | +0.00% | 14.03M |
| CLS | 7.57 | +0.01 | +0.13% | 1.496B |
| CLRO | 3.75 | +0.00 | +0.00% | 34.09M |
| CLR | 75.95 | +1.53 | +2.06% | 13.74B |
| CLNY | 16.79 | +0.09 | +0.54% | 555.92M |
| CLNT | 3.13 | +0.01 | +0.32% | 6.573M |
